UK credit rating downgraded by Moody's amid growth concerns
Ratings agency cites weakening economy, Brexit woes and coronavirus shocks The ratings agency Moody's lowered the United Kingdom's sovereign debt rating by one notch to Aa3 from Aa2 on Friday, citing weakening economic and fiscal strength stemming from Brexit woes and coronavirus-induced shocks. Boris Johnson's government has tightened restrictions as ...
Reuters / Guardian | Fri, 16 Oct 2020 22:00:39
The EU and the UK still haven't reached a post-Brexit agreement. What's next?
British Prime Minister Boris Johnson leaves 10 Downing Street wearing a face mask on his way to Prime Minister's Questions (PMQs) at the House of Commons in London, England, on October 14, 2020. | Photo by David Cliff/NurPhoto via Getty Images British Prime Minister Boris Johnson said the UK needs ...
Jen Kirby / Vox | Fri, 16 Oct 2020 20:00:00
British boats thrown lifeline over double VAT after Brexit
Leeway on tax rules that would leave UK-owned yachts moored in EU waters with extra bill after transition
FT | Fri, 16 Oct 2020 19:32:00
Boris Johnson Says U.K. Should Prepare for No-Deal Brexit, EU Wants to Continue Negotiations
Johnson warned that the country should prepare for a no-deal break from the bloc.
Brittany Bernstein / National Review | Fri, 16 Oct 2020 19:04:12
UK, EU To Discuss 'Structure' Of Brexit Talks After Walkout Threat
European and British negotiators will be in touch Monday to discuss the of post-Brexit trade talks, despite London's threat on Friday to walk away unless there was a major shift in Brussels' approach.
IBTimes | Fri, 16 Oct 2020 19:02:37
Brexit: Trade talks with the EU are over, says No 10
"No point" in further discussions with the EU unless it changes course, Downing Street says.
BBC | Fri, 16 Oct 2020 18:14:35
Porky Pie Pinata
Trade talks between the UK and EU are over. Boris tells the country to brace for a no deal Brexit.
Bella Caledonia Editor / Bella Caledonia | Fri, 16 Oct 2020 18:02:05
UK Government Warns Trade Talks With EU Are 'Over' And Britons Should Prepare For No-Deal Brexit
British Prime Minister Boris Johnson warned Britons on Friday that trade talks between the U.K. and European Union are "over" and that the country should "get ready" for a no-deal Brexit. As a result, come Jan. 1, 2021, the trading relationship between Britain and the continent will revert to terms ...
IBTimes | Fri, 16 Oct 2020 17:47:12
Boris Johnson Ready to Force Brexit Crisis
British prime minister Boris Johnson "is expected to try to force Brexit trade talks to a moment of crisis, amid claims in London that Brussels is dragging its feet by [...]
Taegan Goddard / Taegan Goddard | Fri, 16 Oct 2020 17:30:57
WATCH: Johnson 1) Brexit. "We should get ready for January 1 with arrangements that are more like Australia's"
This does not, repeat not, mean that the current trade negotiations will necessarily end with No Deal. They're set to continue this week.
Conservative Home / Conservative Home | Fri, 16 Oct 2020 17:15:12
Pound Wobbles As Johnson Says Get Ready For 'No-deal' Brexit
The British pound wobbled Friday, boosting London stocks, after UK Prime Minister Boris Johnson warned he was ready to walk away from European Union trade talks and prepare for a "no-deal" Brexit. Sterling fell below $1.29 before crawling back after Johnson accused the EU of failing to negotiate seriously -- ...
IBTimes | Fri, 16 Oct 2020 16:27:35
EU to plough ahead with UK trade talks despite Johnson rebuff
Brussels - and even some Tory MPs - remain convinced British prime minister will still do last-minute Brexit deal
FT | Fri, 16 Oct 2020 15:57:10
What did Boris Johnson mean by an Australia-style system of trade?
PM has told firms to prepare to trade with EU 'based on simple principles of global free trade' Latest Brexit and Covid developments - live The prime minister claimed that due to the stubborn intransigence of the EU he had to conclude that the trade deal that he was seeking ...
Daniel Boffey in Brussels / Guardian | Fri, 16 Oct 2020 15:48:45
Market Insights Podcast (Episode 134)
Jazz FM Business Breakfast presenter Nick Howard looks back on the week's business and markets news with OANDA Senior Market Analysts Craig Erlam in the UK and Jeff Halley in Singapore. This week they discuss the latest on Brexit, US stimulus, the US election, earnings, Asia and the week ahead.
Craig Erlam / OANDA | Fri, 16 Oct 2020 15:41:14
UK PM Johnson says time to get ready for 'no deal' Brexit
Times of India | Fri, 16 Oct 2020 15:12:18
Sterling Buoyed by Brexit Optimism
OANDA Senior Market Analyst Craig Erlam discusses how sterling has performed as the no-deal Brexit deadline edges ever nearer.
Craig Erlam / OANDA | Fri, 16 Oct 2020 15:00:20
U.K. chides EU but says gaps to Brexit trade deal are narrow
Britain left the EU's political structures on Jan. 31 and will make an economic break when a transition period ends Dec. 31.
Jill Lawless - The Associated Press,Raf Casert / Toronto Star | Fri, 16 Oct 2020 14:49:58
PM accused of "playing politics with jobs and lives" after no deal Brexit threat
Boris Johnson has been accused of "playing politics with people's jobs and lives" after announcing at the conclusion...
Sienna Rodgers / Labour List | Fri, 16 Oct 2020 14:45:47
Covid Scares Put EU Leader Summits In Peril
Should Brussels return to virtual EU summits? The debate was relaunched this week after Commission President Ursula von der Leyen and Finnish Prime Minister Sanna Marin left an EU leaders meeting largely devoted to Brexit to go into self-isolation.
IBTimes | Fri, 16 Oct 2020 14:17:32
UK must prepare for 'no deal' Brexit, says PM Boris Johnson
The UK wants an EU trade deal like the bloc's pact with Canada, but talks have stalled before the UK's final divorce.
Al Jazeera | Fri, 16 Oct 2020 14:09:43
UK preparing for no-trade deal Brexit, Boris Johnson says
British Prime Minister Boris Johnson said on Friday it was now time to prepare for a no-trade deal Brexit in 10 weeks as the European Union had refused to negotiate seriously, adding that unless Brussels changed course there would be no agreement.A tumultuous “no deal” finale to the United Kingdom’s ...
Reuters / South China Morning Post | Fri, 16 Oct 2020 14:00:29
Looking For Pre-Weekend Momentum: Early Tone Stronger On Vaccine News, Retail Sales
Not many people are apparently paying much attention, but the dollar has had a strong week. Also, Brexit is back in the news for the first time in a long, long time. It's still out there and is one more step on the ladder of worry.
JJ Kinahan, Senior Contributor / Forbes | Fri, 16 Oct 2020 13:52:29
Pound Sinks As Johnson Says Get Ready For 'No-deal' Brexit
The British pound sank Friday, boosting London stocks, after UK Prime Minister Boris Johnson warned he was ready to walk away from European Union trade talks and prepare for a "no-deal" Brexit. Sterling slid underneath $1.29 after Johnson accused the EU of failing to negotiate seriously -- and declared Britain ...
IBTimes | Fri, 16 Oct 2020 13:51:17
Don't give up on a Brexit deal just yet
The rhetoric gets worse but the UK and EU are still talking.
Charlie Cooper / Politico | Fri, 16 Oct 2020 13:37:21
Get Ready For No-Deal Brexit, British Prime Minister Boris Johnson Tells Country
Johnson asked Britons to prepare for a no-deal exit from the EU with "a high heart".
Siladitya Ray, Forbes Staff / Forbes | Fri, 16 Oct 2020 13:18:26
UK economy not ready for no-deal Brexit, say business leaders
CBI warns Boris Johnson that Britain needs a deal as it is already facing impact of Covid Business leaders have warned Boris Johnson that Britain's economy is ill-prepared for a no-deal Brexit while companies face severe disruption from the coronavirus pandemic. Business groups called for an urgent resolution in the ...
Richard Partington Economics correspondent / Guardian | Fri, 16 Oct 2020 13:13:01
Weekly Economics Podcast: What's going on with Brexit?
Ayeisha Thomas-Smith is joined by Marley Morris, Associate Director for Immigration, Trade and EU relations at IPPR
Ayeisha Thomas-Smith / New Economics Foundation | Fri, 16 Oct 2020 13:10:00
PM's words will have consequences as time runs out for EU trade deal
It appears awfully tempting for many Brexit-watchers to shrug off the significance of Boris Johnson's sombre statement today, ordering the country to prepare for an Australia-style exit.
Sky | Fri, 16 Oct 2020 12:56:00
Boris Johnson says UK should get ready for a no-deal Brexit as trade talks stall
U.K. Prime Minister Boris Johnson said Friday that he would seek a no-deal Brexit unless there was a fundamental change of approach from the European Union.
CNBC | Fri, 16 Oct 2020 12:42:47
Key events in developed markets next week
US housing data will be the focus next week, as it continues to be a key growth driver. Across the Atlantic,all eyes will be on what emerges from the Brexit talks
Ing | Fri, 16 Oct 2020 12:42:00
UK Ready To Walk Away Without 'Fundamental Change' From EU
Prime Minister Boris Johnson on Friday kept the door open to more Brexit talks but insisted Britain was ready to slam it shut unless the EU offers "fundamental change" in its tactics, as the clock ticks down to a potentially messy divorce. Johnson was responding after the European Union at ...
IBTimes | Fri, 16 Oct 2020 12:19:31
UK PM Boris Johnson has an expensive Brexit choice ahead
UK Prime Minister Boris Johnson has an expensive choice ahead.
CNN | Fri, 16 Oct 2020 12:17:31
Johnson: UK ready to walk away from post Brexit trade talks with 'no deal'
Prime Minister Boris Johnson said on Friday Britain was ready to walk away from post-Brexit trade talks with a "no-deal" unless the European Union shifted its position.He accused the EU of failing to
Al Arabiya | Fri, 16 Oct 2020 12:11:32
Boris Johnson tells UK to expect Australia-style trade deal with EU - video
In a televised speech, the British prime minister accuses the European Union of being unwilling 'to offer this country the same terms as Canada' and that by 1 January, when the Brexit transition period ends, the UK will be more likely to be entering trade arrangements like those of Australia. ...
Stephanie Bosset / Guardian | Fri, 16 Oct 2020 12:07:48
The UK and the EU: Another two-level game
The prospects for a post-Brexit trade deal between the UK and the EU look increasingly bleak following talks between EU leaders on 15 October. Bob Hancké attempts to make sense of the negotiations. Finally, the gloves are off. French president Macron, a bit more preoccupied with containing a new outbreak ...
Blog Team / EUROPP | Fri, 16 Oct 2020 12:01:47
Brexit: What is the 'no-deal' Australia option?
If the UK leaves the EU without a trade deal it will have to trade on WTO terms.
BBC | Fri, 16 Oct 2020 11:50:38
Boris says to prepare for a no deal Brexit....
From Sky News: Boris Johnson says it's time to "get ready" for the prospect of no free trade deal with the EU on 1 January. The prime minister claimed Brussels had the ambition but insisted "we always knew there would be change" next year once the tradition period ends "whatever ...
Brian O'Neill / Slugger O'Toole | Fri, 16 Oct 2020 11:43:47
Ultimatum time!
Brexit: No 10 startled by EU insistence that UK accept trade terms Horrors! Downing Street reacted in dismay as Emmanuel Macron led EU leaders in warning Boris Johnson that he must swallow the bloc's conditions, in what appeared to be taken as a direct challenge to the British prime minister's ...
Tim Worstall / Tim Worstall | Fri, 16 Oct 2020 11:37:24
Euro under pressure over deflation, Brexit
EUR/USD is showing limited movement on Friday. In the European session, EUR/USD is trading at 1.1722, up 0.13% on the day. The euro has had a rough week, as EUR/USD is down 0.90%, erasing last week's gains. Inflation falls in the eurozone Inflation levels remain weak in the eurozone, with ...
Kenny Fisher / OANDA | Fri, 16 Oct 2020 11:37:21
BoJo Warns Britons "Prepare For No Deal" Brexit After EU Summit Yields Little Progress
BoJo Warns Britons "Prepare For No Deal" Brexit After EU Summit Yields Little Progress Tyler Durden Fri, 10/16/2020 - 07:33 Not even 24 hours after Brussels and London agreed to two more rounds of trade talks - one in London next week, and another in Brussels the week after - ...
Tyler Durden / Zero Hedge | Fri, 16 Oct 2020 11:33:25
Brexit negotiators keep talking but Boris Johnson warns UK to prepare for no-deal
British prime minister said EU has 'refused to negotiate seriously.'
Cristina Gallardo / Politico | Fri, 16 Oct 2020 11:29:06
Boris Johnson says the UK should 'get ready' for a no-deal Brexit after trade talks stall with the EU
UK Prime Minister Boris Johnson said the UK should 'get ready' to leave EU trading rules without a deal, after talks with the EU faltered.
Adam Payne / Business Insider | Fri, 16 Oct 2020 11:20:51
Prepare For No-Deal Brexit On January 1, Says Boris Johnson
Rachel Wearmouth / Huffington Post | Fri, 16 Oct 2020 11:18:02
It's time to prepare for no deal Brexit: Johnson
Prime Minister Boris Johnson said on Oct. 16 it was now time to prepare for a no-trade deal Brexit as the European Union had refused to negotiate seriously and that unless Brussels changed course there would not be an agreement.
Hurriyet | Fri, 16 Oct 2020 11:17:00